EVS completes acquisition of MOG Technologies
EVS has officially completed its acquisition of MOG Technologies, formally welcoming the company into the EVS portfolio.
It follows the signing of an initial agreement in August, when EVS said the deal would broaden its premium live production ecosystem by expanding its file-based ingest and transcoding capabilities.
Both companies have already begun the integration process, with team members from both sides working closely together to ensure a “seamless transition”, EVS said. And, as of today, all team members of MOG Technologies have officially joined EVS.
“The completion of this acquisition is a pivotal moment for us,” said Serge Van Herck, EVS chief executive.
“We are thrilled to welcome the talented team at MOG Technologies and to integrate their state-of-the-art software-defined video solutions into our portfolio. Together, we are better positioned to deliver innovative, end-to-end solutions for the media and broadcast industry, ensuring that our customers continue to receive the best technology and support available.”
As part of the integration, Luis Miguel Sampaio, former CEO of MOG Technologies, said: “Since the signing of the agreement, we have seen tremendous collaboration between our teams, and the integration is progressing smoothly.
“The potential of our combined expertise is already becoming evident, and I am excited about the future we are building together. This acquisition opens up new possibilities of innovation, and I am confident that we will continue to deliver exceptional value to our customers.”
Sampaio’s leadership and insights will continue to play a crucial role in ensuring that the combined companies unlock the full potential of this strategic partnership, the company said.
EVS said that customer feedback following the initial announcement of the signing in August had been “overwhelmingly positive”, with customers “expressing their endorsement of our strategic direction”.
EVS demonstrated MOG’s products during IBC in Amsterdam last month, where the potential of integrating MOG’s ingest and transcoding products into EVS’s asset management solution MediaCeption was showcased.
As a result, the companies are on the verge of announcing an important customer project based on this integration, further highlighting the benefits of the acquisition, EVS said.
“The alignment between our product lines has already proven valuable to customers,” continued Van Herck.
“The integration of MOG’s file-based ingest and advanced transcoding product features into our MediaCeption solution will allow us to broaden EVS’s premium live production ecosystem. We are excited about what this means for the future of our combined value proposition.”
EVS said the acquisition would deliver strategic benefits, including expanded product and solution offerings with a more integrated range of solutions to streamline workflows, from ingest to distribution. Plus, increased innovation capacity with the acquisition adding a new R&D centre, bringing the total number of EVS R&D centres to six. This expansion will help accelerate innovation and attract new talent to the company, EVS said. In addition, EVS pointed to enhanced customer support with broader support services to ensure customers benefit from the combined portfolio and expertise.